20 June 2024 | 3 replies
For those that don't know, group homes are single family homes that house "by the bed" and therefore come with many benefits, the primary being that they bring in anywhere from 1.5x - 2x the monthly rental income that a standard single family home would.

22 June 2024 | 17 replies
However, older instances are to be considered more holistically, suggesting a more lenient approach to past financial or rental difficulties as time passes.Exemptions and Protections:Certain properties, particularly older houses that cannot easily be brought into compliance with current codes, are exempt from some source-of-income rules, acknowledging practical limitations in applying these rules universally.Landlord Liability:The ordinance provides protections for landlords in terms of reliance on third-party information to reject a tenant, mitigating potential legal risks associated with tenant selection processes.Fair Housing and Legal Compliance:All considerations of prospective tenants' applications must align with fair housing laws and other state and federal legislation, reinforcing the ordinance's compliance with broader legal standards for housing discrimination.

20 June 2024 | 69 replies
I had repainted the floors felt with hot water heaters and broken hvac systems.

20 June 2024 | 10 replies
I’m certainly looking for networking and mentoring opportunities as well as access to standardized procedures.It seems like I would be a liability for most brokers.

20 June 2024 | 5 replies
Hi @Elaine Moy,Did your agent use the standard Texas Realtors lease agreement?

20 June 2024 | 16 replies
Don't go more than 12m lease, and even consider a 6m to test the waters, though they will push back because it doesn't given them enough runway to buy the furniture and get runway.If your PM is going to be managing them, make sure that they are just VERY diligent on collecting timely rent and get agreement to do quarterly (or so) walkthroughs/inspections to make sure the home truly is being maintained.

20 June 2024 | 2 replies
Hot water heater leaked and flooded downstairs storage area.

21 June 2024 | 25 replies
It was basicaly a private road , there was water and sewer up to the corner of the mans property .

21 June 2024 | 13 replies
I live in the mountains of New Hampshire and none of my properties are anywhere near a water source and I’m seeing an increase of 40% this year in my renewal rates compared to last year.

20 June 2024 | 6 replies
For single-family you'll want to bring it up to the standards of other single-family units in the area, while if it's multi (duplex, triplex or 4 unit) you'd want to bring it up to the standards of the other multi-family properties in the area.